Press Digest: British Business - Sept 20

Cazoo

20/09/2023 02:48

Sept 20 (Reuters) - The following are the top stories on
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy. 
    
    
    The Times
    
- The CBI has been forced to postpone its annual general
meeting, less than 24 hours before it was due to start, as it
struggles with a financial crisis.    

- The union representing Wilko workers has called on MPs to
question Lisa Wilkinson on how her family, which received almost
100 million pounds ($123.89 million) in dividends in the decade
before the retailer's collapse, will plug the company's multi
million-pound pension fund deficit.    
    
    The Guardian
    
- Avanti has been awarded a long-term contract to keep running
intercity services on the west coast main line in the UK.    
    
        
    The Telegraph
    
- Former London mayor Ken Livingstone is suffering from
Alzheimer's disease, his family has announced.   
 
- UK Prime Minister insisted he was still committed to the 2050
net zero target but said he would meet it in a "better, more
proportionate way", admitting that the Government has "not been
honest about costs and trade-offs" of green policies. 
    
    Sky News
    
- British Prime Minister Rishi Sunak said he remains committed
to the net zero target by 2050 but will achieve it "in a better,
more proportionate way".
    
- Lenders to Cazoo  CZOO.N , the British-based online car
retailer, will take control of the company's shares as part of a
deep financial restructuring expected to be announced within
days.
    
    The Independent
    
- France and Germany are pushing plans to offer Britain and
other European countries "associate membership" of the EU in a
move that could rebuild the UK's ties with the bloc.    
    


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